Prime Retail/Office Space for Sale at 676 Avenue of the Americas, New York, NY, 10010
An exceptional investment or owner-user opportunity awaits in Manhattan’s bustling Central Business District. This 3-star retail/office property offers prime storefront visibility and versatility, catering to retail and office needs.
Property Overview:
- For Sale: $14,300,000
- Price per SF: $1,986.11
- Cap Rate: 5.02%
- Property Type: 3-Star Retail Storefront (Retail/Office)
- Gross Leasable Area (GLA): 7,200 SF
- Stories: 2
- Typical Floor Size: 3,600 SF
- Building Class: C
- Building Height: 35 feet
- Ceiling Height: 18 feet
- Docks: None
- Construction Type: Masonry
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Key Features:
- Prime Location: Nestled in the vibrant Avenue of the Americas corridor, this property benefits from high visibility, excellent foot traffic, and proximity to diverse businesses and urban amenities.
- Flexible Usage: Suitable for a wide array of business types, from flagship retail to office operations, maximizing its investment potential.
- Spacious Layout: Two-story building with expansive 3,600 SF floor plates, designed to accommodate dynamic business operations.
- Modern Ceilings: The impressive 18-foot ceiling height on each floor enhances the sense of openness, ideal for retail displays or creative office spaces.
- Solid Construction: Durable masonry build ensures long-lasting value and structural integrity.
- Strong Investment Potential: A competitive cap rate of 5.02% highlights the property’s stable and lucrative income prospects.
Seize this rare chance to own or invest in a versatile property in one of Manhattan’s most desirable commercial districts. Whether you’re expanding your portfolio or establishing a prominent retail or office presence, this asset delivers value and opportunity.
Contact us today for more information or to schedule a private tour!
